Tema Etfs LLC boosted its stake in shares of Energy Transfer LP (NYSE:ET – Free Report) by 354.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 643,800 shares of the pipeline company’s stock after purchasing an additional 502,186 shares during the quarter. Energy Transfer makes up approximately 0.8% of Tema Etfs LLC’s holdings, making the stock its 27th largest position. Tema Etfs LLC’s holdings in Energy Transfer were worth $10,616,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in ET. Financial Life Planners acquired a new stake in Energy Transfer in the third quarter worth $34,000. Core Alternative Capital acquired a new position in shares of Energy Transfer during the third quarter valued at $46,000. FSC Wealth Advisors LLC acquired a new position in shares of Energy Transfer during the second quarter valued at $50,000. Clearstead Trust LLC bought a new position in shares of Energy Transfer during the third quarter worth about $50,000. Finally, Golden State Wealth Management LLC grew its position in shares of Energy Transfer by 38.9% during the third quarter. Golden State Wealth Management LLC now owns 2,918 shares of the pipeline company’s stock worth $50,000 after acquiring an additional 817 shares during the last quarter. 38.22% of the stock is currently owned by institutional investors.
Energy Transfer Stock Down 1.5%
Shares of ET stock opened at $19.02 on Thursday. Energy Transfer LP has a 1 year low of $14.60 and a 1 year high of $19.85. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.90 and a current ratio of 1.22. The business’s fifty day moving average is $18.66 and its 200-day moving average is $17.45. The stock has a market cap of $65.43 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.08 and a beta of 0.62.
Energy Transfer Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Friday, February 6th were issued a $0.335 dividend. This represents a $1.34 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend was Friday, February 6th. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.33. Energy Transfer’s dividend payout ratio is currently 110.74%.
Trending Headlines about Energy Transfer
Here are the key news stories impacting Energy Transfer this week:
- Positive Sentiment: Truist initiated coverage with a Buy and $23 price target, highlighting ET’s scale and diversified midstream footprint and implying meaningful upside from current levels. Analyst Initiates Energy Transfer (ET) with ‘Buy’ Rating, $23 PT
- Positive Sentiment: A Money & Investing piece argues Energy Transfer should perform well across wide oil-price outcomes (from very low to very high), reinforcing ET’s defensive cash-flow characteristics and positioning it as a preferred energy pick. Oil Could Go to $200 or $50 a Barrel Depending on Developments with Iran. That’s Why This is the First Energy Stock I Plan to Buy in April.
- Positive Sentiment: TheStreet highlights ET as a standout high-yield dividend name with massive pipeline scale and steady volumes (moves ~30% of U.S. gas), supporting income-focused investor interest. Energy Transfer stands out as high-yield dividend stock
- Neutral Sentiment: Analyses on pipeline peers note stable, cash-generating operations — a structural positive for ET’s distribution/dividend sustainability even if near-term volatility persists. 3 Pipeline Stocks Quietly Printing Cash While the Energy Sector Soars
- Neutral Sentiment: Additional sector coverage profiles ET among “brilliant” long-term energy picks, noting demand tailwinds (e.g., data center buildouts) that could support throughput over time. 3 Brilliant Energy Stocks to Buy Now and Hold for the Long Term
- Negative Sentiment: Despite the favorable coverage, market-headline pieces (Zacks/Yahoo) note ET fell amid a broader market uptick — suggesting short-term profit-taking or sector rotation, which likely drove today’s decline. Energy Transfer LP (ET) Stock Falls Amid Market Uptick: What Investors Need to Know
Analyst Upgrades and Downgrades
Several analysts recently weighed in on ET shares. UBS Group reiterated a “buy” rating on shares of Energy Transfer in a research report on Wednesday, January 7th. Royal Bank Of Canada upgraded shares of Energy Transfer to a “moderate buy” rating in a research report on Monday, December 15th. Morgan Stanley raised their price target on shares of Energy Transfer from $19.00 to $21.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 10th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Energy Transfer in a report on Wednesday, December 24th. Finally, Scotiabank reiterated an “outperform” rating on shares of Energy Transfer in a research report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Energy Transfer currently has an average rating of “Moderate Buy” and an average price target of $21.60.
Check Out Our Latest Stock Analysis on ET
About Energy Transfer
Energy Transfer (NYSE: ET) is a Dallas-based midstream energy company that develops and operates infrastructure for the transportation, storage and processing of hydrocarbons. The company’s operations focus on moving and storing natural gas, natural gas liquids (NGLs), crude oil and refined products through an integrated network of pipelines, terminals, storage facilities and processing plants. Energy Transfer provides core midstream services such as gathering, compression, fractionation, processing, and bulk transportation to support production and downstream supply chains.
Its asset base spans an extensive network across the United States, connecting producing regions, processing centers, petrochemical hubs and coastal and inland markets.
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